TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income-tax Act Section 115VT amended to include 'new inland vessel' with 'new ship' in subsections (3) and (4) by 2026.</h1> Section 115VT of the Income-tax Act is amended, effective April 1, 2026, to include 'new inland vessel' alongside 'new ship' in sub-sections (3) and (4). In sub-section (3), the phrase 'or new inland vessel, as the case may be' is added after 'new ship.' In sub-section (4), clause (c) is modified to substitute 'or new inland vessel, as the case may be' for the existing wording. Additionally, the Explanation is revised to redefine 'new ship' to include 'new ship or new inland vessel, as the case may be.'
TaxTMI 
TaxTMI 
